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eLearning 8.8 Test

High Confidence

http://www.sdn.sap.com/irj/sdn/businessone?rid=/webcontent/uuid/205e754b-4985-2e10-6ebb-9052abcc59ad
Total Time presentation 13:17:29

I. Getting started [Time: 52:02 min.]

1. Witch document allows you add alternative rows?
a) Purchase Order
b) Sales Order
c) Sales Quotation

2. Witch icon allows view additional fields in marketing documents?
a) Form Settings
b) Find
c) Gros Profit

3. Witch tab a marketing document contains Payment Terms?
a) Content tab
b) Logistic tab
c) Accounting tab

4. If you change the description of an item in a marketing document, what happens to the Item Master Data Record?
a) The item in the master data record changes
b) The master data record does not change
c) You cannot change the description of an item in a marketing document

II. FINANCIALS [Time: 248:56 min.]

Manage the Chart of Accounts [Time: 25:23 min.]

5. Which accounts are typically defined as Balance Sheet accounts?
a) Domestic sales account, electricity account
b) Bank account, tax account, Account Payable

6. John the company accountant wants to add 3 new sales revenue accounts to the Chart of Accounts in order to use them in service type invoices. How would you define these accounts?
a) Title accounts at the same level
b) Active accounts at the same level
c) Active accounts but different levels

7. Which drawers are include in the Profit and Loss report
a) Liabilities, Cost of Sales
b) Turnover and Cost of Sales
c) Opening Costs and Assets

Post a Journal Entry [Time: 33:10 min.]

8. In a manual Journal Entry, how can you enter a line for Business Partner Master Data?
a) First enter the line to a Journal Entry in a Journal Voucher
b) Entering a Business Partner line requires a special autorization
c) Use a special keyboard keys combination
d) In the Origin field choose "JE"

9. What can you NO DO with journal entries while working with the Journal Voucher option?
a) Change the amounts
b) Choose a different account
c) Add an unbalanced entry
d) Correct the entry after it was posted to the permanent file
e) Remove an entry

10. On witch posting tool can you define a frequency of execution?
a) Recurring Postings
b) Manual Journal Entry
c) Posting Template
d) Journal Vouchers

Internal reconsolidation [Time: 17:54 min.]

11. In which cases does the user internally reconcile a Business Partner Master Data account?
a) When the invoice Balance due become zero
b) The customer pays you on account and you post the invoice later
c) You selected an invoice in an Incoming Payment
d) You selected the invoice in an Outgoing Payment

12. On witch cases does the system internally reconcile a Business Partner Master Data record account?
a) The company pays a vendor in advance
b) When a Credit Memo is not based on an A/R Invoice
c) You post a payment that partially pays an invoice
d) You forgot to select the invoice in an Incoming Payment

13. You can also perform user reconciliation in G/L Account
True or False

Financial Reports [Time: 13:53 min.]

14. Which type of accounts typically appears in the Profit and Loss Statement?
a) Expenditure and revenue accounts
b) Balance Sheet Accounts
c) Account payable accounts
d) All accounts

15. Which financial report can include all accounts and Business Partners' balances?
a) Balance sheet
b) Profit and loss
c) Trial balance
d) Cash flow

Company Analysis and Planning [Time: 26:52 min.]

16. Witch budget scenario is used during routine work?
a) The scenario with lowest amounts
b) The main budget scenario
c) The default scenario

17. Which account type can be linked to a distribution rule?
a) All account types
b) Sales and Expenditure
c) Sales only

Accounting for sales and purchasing [Time: 28:18 min.]

18. In which account does SAP Business One reflect vendor's transactions in the Chart of Accounts?
a) The accounts payable control account
b) The default revenue account
c) The default inventory account
d) The accounts receivables control account

19. How does SAP Business One set the value of the Unit Price in a Goods Receipt PO?
a) The 'item cost value"
b) The vendor control account
c) The vendor price list
d) The customer price list

20. Assets account are generally in debit.
True or False

Accounting for inventory [Time: 33:40 min.]

21. What is automatically affect in a Perpetual Inventory system that is not affected in a non-Perpetual Inventory system?
a) The General Ledger
b) The inventory levels
c) The item sales price

22. How is the item cost calculated for an item controlled by the FIFO method?
a) The total inventory value is divided by the on-hand quantity
b) By layers of quantities linked to costs
c) The item cost is determined manually for each item

23. Which accounts are affected in a posting made when a Goods Receipt PO is created for an item controlled by the standard method?
a) The Variance account, the Allocation account and potentially the Inventory account
b) The Inventory account, the Variance account and potentially the Allocation account
c) The Allocation account, the Inventory account, and potentially the Variance account

Posting Periods [Time: 09:30 min.]

24. When you define new posting periods in the fiscal year, which setting determines the number of sub periods to be created?
a) Sub-Periods
b) Period Indicator
c) Period Status
d) Period Code

25. How does SAP Business One determine to which sub-period a transaction belong to?
a) By the transaction type
b) Using the transaction posting date
c) According the sub-period type
d) Using the transaction document date

Period end closing [Time: 17:40 min.]

26. Which status is used when you are about to Close a period?
a) Unlocked Except Sales
b) Closing Period
c) Unlocked
d) Locked

27. Green Studio defined their sub-periods as month. When is the period end closing utility run considered as optional?
a) At the end of the fiscal year
b) In case the Retained Earning account is not defined
c) When the sub-period Status is "Locked"
d) At the end of each sub-period

28. How many automatic Journal Entries are created when running the period end closing utility?
a) Two Journal Entries for each account
b) One Journal Entry for all selected accounts
c) Two Journal Entries: one for all selected expense accounts and one for the sales accounts
d) One Journal Entry for each account

Currencies [Time: 20:35 min.]

29. How can you price an item in foreign currency for a local customer?
a) Enter the price in foreign currency
b) Change the customer currency
c) Add a new Payment Term

30. How does the Draw Document Wizard handle the exchange rate differences?
a) Enables the user to enter a value for the exchange rate of the target document
b) Lets the user the option to choose whether to apply the base document rate value or not
c) Provide 3 calculated value for the user to choose from according to his agreement with the Business Partner

Cash Management Reports [Time: 22:01 min.]

31. Which report provides you with a forecast of the company monetary status?
a) Customer Receivable Aging
b) Trial balance
c) Balance Sheet
d) Cash Flow

III. SALESA/R [Time: 69:36 min.]

Sales process [Time: 43:11 min.]

32. Which of the sales documents increases committed quantity?
a) Sales Order
b) Delivery
c) A/R Invoice

33. Which Business Partners can be entered into the header of a delivery?
a) Leads
b) Customers
c) Leads and Customers

34. Which sales document creates a journal a debit to the customer account and a credit to revenue accounts?
a) Sales Order
b) Delivery
c) A/R Invoice
d) Incoming payment

Issues in Sales [Time: 26:25 min.]

35. You customer is unhappy with the color of a garment that they received. They have sent the garment back to you in the mail. They have not yet been invoiced for the garment. What action should you take?
a) Delete the delivery before it is invoiced
b) Create a Return document referencing the Delivery
c) Create a Credit Memo referencing the Delivery
d) Enter a negative row on the original Delivery

36. If you need do a value based correction for overcharging the customer, which document should be used?
a) A/R Invoice
b) Return
c) A/R Credit Memo

37. You are processing a Delivery for new customer and need to credit them for returned packaging. What type of row can you add to you delivery to process the return and provide the customer with a credit?
a) Negative row
b) Alternate row
c) Text row

IV. PURCHASINGA/P [Time: 82:19 min.]

Purchasing items [Time: 41:05 min.]

38. What the key master data for purchasing?
a) Lead
b) Purchase Order an A/P Invoice
c) Item master and vendor

39. When a Purchase Order is added to the system, which quantity is increased?
a) Committed quantity
b) In stock quantity
c) Ordered quantity

40. Which of the following conditions will result in a Goods Receipt PO creating a Journal Entry?
a) The item must be controlled by Moving Average cost
b) You must be running Perpetual Inventory
c) The Goods Receipt PO must reference a Purchase Order

41. Why is an allocation account used in the purchasing process?
a) To serve as a transfer account until received items are invoiced
b) To generate an Outgoing Payment
c) To post the value of items we have committed to purchase in a PO
d) To post receipt of items in a non-Perpetual Inventory system

42. The status of Goods Receipt PO document changes to Closed when ...
a) The Goods Receipt PO document is saved
b) The Goods Receipt PO is referenced partially by A/P Invoice
c) An A/P Invoice references the full quantity of the Goods Receipt PO
d) The vendor is paid

Purchasing services [Time: 16:27 min.]

43. Which field in the A/P Invoice is used for the vendor invoice number:
a) Contact person
b) Vendor Reference Number
c) Remarks
d) BP project

44. When you create an Item Master Data record for a purchased service, which item category should be marked?
a) Inventory item
b) Sales Item
c) Purchased item
d) Fixed asset

45. You have entered the vendor code in a new A/P Invoice. How you choose the option to copy from a Purchase Order. However, the Purchase Order does not appear on the list. Which field value must be the same in both the A/P Invoice and the Purchase Order for the Purchase Order to appear on the list?
a) Item / Service type
b) Document Date
c) Vendor Reference Number
d) Document Number

46. When you have set the Item/Service field value to Service, which types of rows can be entered?
a) Services set up as item masters
b) Service description but no item masters
c) Both services set up as item masters and services descriptions
d) Item masters for both inventory and non-inventory items

Issues in purchasing [Time: 24:47 min.]

47. After you have created a Goods Receipt PO for set of 12 goblets, you discover that on of the goblets was damaged in transit. The invoice has already been received from the vendor and you have entered an A/P Invoice in the system. Which document should you use to Return the goblet to the vendor?
a) Goods Return
b) A/P Credit Memo

48. You have a Purchase Order with 5 rows. If your vendor substitutes one of the items, what is the best practice for creating a Goods Receipt for the item?
a) Create a Goods Receipt PO with reference, but change the item number
b) Create a Goods Receipt PO without reference
c) Use the Goods Receipt inventory transaction
d) Change the Purchase Order to add the substituted item code

49. Which field in Purchasing documents is used for the vendor's invoice number?
a) Remarks
b) Owner
c) Vendor Reference Number
d) BP Project

50. Sarah creates a Purchase Order with 3 items. The first shipment from vendor contains a partial quantity of items 1 and 2. Sarah creates a Goods Receipt PO for the partial quantity. Later she receives the rest of the ordered items from the vendor, so she creates a second Goods Receipt PO for the final quantity. After she adds the second Goods Receipt PO, what status does the Purchase Order have?
a) Open
b) Closed
c) Cancelled

V. BANKING [Time: 26:46 min.]

Handling payments [Time: 26:46 min.]

51. In a deposit, which accounts are involved and how?
a) A Clearing Account is debited and the bank account is credited
b) The customer is credited and the bank account is debited
c) The bank account is debited and a Clearing Account is credited

52. In a payment document, how do you know that an invoice due date has passed?
a) The invoice is marked with the asterisk (*)
b) The balance due is less than the invoice amount
c) The invoice line displays in blue
d) The checkbox in the invoice line is selected

53. Which kind of payment can you create for both incoming and Outgoing Payments using the payment wizard?
a) Cash
b) Check
c) Bank transfer
d) Credit card

VI. INVENTORY [Time: 145:21 min.]

Setting up items [Time: 46:30 min.]

54. What are the three levels at which you can maintain G/L Account Determination for an item?
a) Company, Item group and Warehouse
b) Company, Warehouse and Item
c) Item Group, Item Properties, and Item
d) Item, Item Group and Warehouse

55. Which method requires you individually track an expensive product both it is purchased from vendor and then it is sold to a customer?
a) serial number management on release only
b) serial number management on every transaction
c) batch management on release only
d) batch management on every transaction

56. When you create a new item, the valuation method defaults from the
a) item group
b) warehouse
c) G/L Determination tables
d) planning method

57. Which column represents the quantity that is promised to customers on existing Sales Orders?
a) Ordered
b) Available
c) Committed
d) In Stock

Warehouse management [Time: 22:34 min.]

58. Which document is used typically to remove damaged goods from a warehouse?
a) Goods Receipt
b) Delivery
c) Goods Issue
d) Return Document

59. Which checkbox in the warehouse setup specifies that the warehouse will appear as a default in Materials Requirements Planning?
a) Drop ship
b) Nettable

60. When you are creating a warehouse, accounts automatically default into Accounting tab. Where do these accounts default from?
a) Item Group setup
b) G/L Account Determination setup
c) User defaults
d) The first warehouse you created

61. Witch of the warehouse documents is used to move stock from one warehouse to other?
a) Goods Receipt
b) Goods Issue
c) Inventory Transfer

Pick and Pack [Time: 32:42 min.]

62. Open rows from which two document types will appear in the Open drawer?
a) Sales Orders and Draft Sales Orders
b) Sales Orders and A/R Reserve Invoices
d) Sales Orders and Deliveries

63. In the Pick and Pack Manager, what does the status Released indicate?
a) The line item has been assigned a pick list
b) The Item has been partially picked
c) The full quantity is available to be picked
d) A pick list has been printed

64. You are entering packing information in a delivery when you discover the packing material is not already created in the system. Where can you define a new packing material
a) Only in the Administration Setup for Inventory
b) Only in the delivery document
c) Either during packing in the delivery or in the Administration Setup for Inventory

65. You try to release an item to a pick list an receive a warning that the item is below the minimum inventory quantity. You decide to continue to release the item to the pick list. How does the system react hen you continue?
a) You are blocked from release the item a pick list
b) The system allows you to release the item to the pick list
c) The system releases only a partial quantity which equals the quantity above the minimum required
d) You are forced to choose a different warehouse.

Pricing [Time: 43:35 min.]

66. Which of the following allows you define discounts for a Business Partner based on Item Group, a manufacturer, or a combination of item properties?
a) Price Lists
b) Period and Volume Discounts
c) Discounts Groups

67. How does a price list get assigned to a Sales Order?
a) You have to manually assign a price list in the Sales Order
b) It is copied from the Business Partner Master to the Sales Order
c) The main Price List from the Item Master Record is used in the Sales Order
d) Each warehouse has an associated Price List

68. What column allows to set automatic prices for a Price List?
a) Factor
b) Rounding method
c) Group

69. In which Order does the system look for the Types of Prices?
a) A-B-C-D
b) A-D-B-C
c) A-C-D-B

https://websmp110.sap-ag.de/~sapidp/011000358700000345502011E/index.htm

VII. PRODUCTION [Time: 42:39 min.]

Bill of Material [Time: 19:05 min.]

70. Which type of Bill of Materials allows you to substitute child items in the Sales Order?
a) Sales
b) Assembly
c) Template
d) Production

71. When you enter a Sales Bill of Materials into a Sales Order, only the _______ can be sold.
a) Child items
b) Parent items

72. What is the effect on inventory when a Production Order is completed?
a) Inventory quantity increases for the parent item and decreases for the child item
b) Inventory quantity increases for the child item and decrease for the parent item

73. The parent and child items must be created before the Bill of Materials can be created.
True or False

Production Process [Time: 23:34 min.]

74. What must the status of a Production Order be in order to manually release components
a) Planned
b) Released
c) Closed

75. Which type of Production Order should be used to dismantle an item into its components?
a) Standard
b) Special
c) Disassembly

76. How does the receipt from production affect Backflushed components?
a) Backflushed components appear as line items on the receipt for production document
b) When the document is added, the components are released automatically from the warehouse
c) When the document is added, the components are received automatically from warehouse
d) Backflushed components are not affected by this document, but are issued when the Order status is changed to Closed.

77. Which issue method must be used items managed by serial numbers?
a) Manual
b) Backflush

VIII. MRP [Time: 38:58 min.]

Materials Requirements Planning (MRP) [Time: 38:58 min.]

78. The Item Master Record for a digital camera has the procurement method of "make". What output will MRP recommended to fulfill demand?
a) Purchase Orders
b) Production Orders

79. Which field in the Item Master Data Record indicates how long it takes for a purchased item to arrive once it is ordered?
a) Led Time
b) Order Interval
c) Minimum Order Quantity
d) Planning Method

80. You have the consumption method of Backwards-Forwards for 10 days. You include both Sales Orders and Forecasts as demand for your MRP run. The Forecast is for a quantity 100. Sales Orders within the 10 days total 50. This item has a quantity of zero in inventory. What quantity will MRP recommended be produced?
a) 150
b) 50
c) 100

IX. SERVICE [Time: 47:32 min.]

Service process [Time: 47:32 min.]

81. Which company settings for serial numbers is necessary before you can activate automatic creation of customer equipment cards?
a) Unic Serial Numbers
b) Default management method "on release only"
c) Creation of Contract Templates
d) Perpetual inventory

82. Which contract type allows you to create service contracts automatically?
a) Customer
b) Serial Number
c) Item Group

83. Which contract service type can only be created manually?
a) Regular
b) Warranty

84. The values in the Resolution By field in the service call default from ...
a) ... the time and date a resolutions is entered in the resolution text
b) ... the time and date that the status of the service call is set to Closed
c) ... the resolution time and coverage details of the service contract

85. <Type  a question here>
a) Resolution
b) Activities
c) Solutions
d) Expenses

https://websmp201.sap-ag.de/~sapidp/011000358700000215752011E/index.htm

X. REPORTING [Time: 70:00? min.]

Manage SAP Crystal Reports for SAP Business One [Time: 10:00? min.]

86. I can perform which of the following actions in the Reports and Layout Manager window? Select all that apply, then click "Submit"
a) Edit an existing layout
b) Define printing sequences
c) Run a report
d) Preview a print layout
e) Set authorizations for a print layout
f) Delete an existing report

87. While in SAP Crystal Reports, I should use the ______________ menu to save a report in the SAP Business One database
a) File
b) Add-ins
c) Report
d) Database

88. Drag and drop the steps for defining a print layout as a master layout into sequential order
a) Set the print layout as a master layout
b) Import the b1p package file
c) Design the print layout
d) Export the print layout

89. I can define a single imported .rpt file as a master layout.
True or False

Analyze the business need [Time: 10:00? min.]

90. Which of these statements do you agree with? (2 Answers)
a) As long as I create a mockup of the final report. I don't need to spend any time on the business needs analysis
b) Viewing the documents used in the business process enables me to know how fields are changed or calculated
c) Because I understand the SAP Business One table structure, there is no need to identify the business process for my reports
d) Viewing the business process allows me to use knowledge of the table structure to determine the tables for my report

Create a report from a SAP Business One data source [Time: 10:00? min.]

Refine a report using Modes, Sections and Tools [Time: 10:00? min.]

Add Filters, parameters and selection criteria tokens [Time: 10:00? min.]

91. To enable the user to choose a customer out of a dropdown list we use the token syntax:
@_____________CardName_______________OINV

92. To enable the user to choose a customer out of a Choose from List window we use the token syntax "- ---- ----"

93. With which of the following statements do you agree?
a) We can have few dialog boxes for each report. Each dialog box is created by one parameter.
b) We can have one dialog box for each report. The dialog box is created by one or more parameters

Add formulas [Time: 10:00? min.]

Present your reports visually [Time: 10:00? min.]

Search: Reserve Invoice

Answers

Full (Questions, Answers / My Mistakes)

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